2 Reasons You Need to Forget About Retail

Unless more retailers become like Home Depot, you may want to stay away from the industry altogether.
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Despite the renewed enthusiasm for retail stocks created by a series of earnings beats from Macy's (M) - Get Report , Walmart (WMT) - Get Report and Home Depot (HD) - Get Report , there's still no light at the end of the tunnel for the industry.

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This article was written by a staff member of TheStreet.